Registration of Incorporated Trustees

Registration of Incorporated Trustees

NGN150,000.00

Register Incorporation of Trustees of Certain communities, Bodies, and Associations in Nigeria with SplashDict

Ensure your organization is legally recognized by the Corporate Affairs Commission (CAC). Registration provides legal protection, boosts credibility, and allows access to grants, funding, and other formal opportunities.

  • Registration of Incorporated Trustees with CAC.
  • CAC Filing Fees included.
  • Public Notice published in two national newspapers.
  • Tax Identification Number (TIN) included.
  • Receive Certificate of Incorporation.
  • Receive CAC Status Report.
  • Receive approved constitution.
  • Processing Time: 20 to 40 business days turnaround.

 

Features of Incorporated Trustees

  • Non-Profit Nature: Established for Religious, Educational, Literary, Social, Developmental, Cultural, Sporting, Charitable, or other purposes without the intention of making profits.

  • Separate Legal Entity: Functions independently from its members (Trustees), allowing it to own property, sue, and be sued.

  • Limited Liability: Trustees are not personally liable for the organization’s debts; liability is limited to the organization's assets.

  • Trusteeship: Managed by a Board of Trustees responsible for governance and decision-making.

  • Perpetual Succession: Continues indefinitely, even if trustees change, ensuring continuity of the organization.

  • Constitution: Governed by a constitution outlining the organization’s objectives, governance structure, and rules.

  • Public Notice Requirement: Notices must be published in national newspapers to notify the public of its incorporation.

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Requirements for Incorporated Trustees Registration

  • Proposed Trust Names: 2 options (1st choice and alternative)

  • Aims and Objectives: A clear description of the purpose and goals of the organization.

  • Classification of the Association: Category of the association (e.g., Religious, Educational, Literary, Scientific, Social, Developmental, Cultural, Sporting, Charitable).

  • Registered Office Address: Physical address within Nigeria.

  • Trustee Details: Names, nationality, addresses, occupations, IDs, and passport photos. 

  • Details of Principal Officers: Information on key officers like the Chairman and Secretary.

  • Constitution: Rules governing internal affairs, including governance structure and Board of Trustees.

  • Minutes of Meeting: Documented meeting where trustees were appointed and special clauses adopted.

  • Publication of Notices: Notices in 2 national newspapers, announcing the intention to register the organization.

  • Common Seal: A physical seal for your organization. 

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Benefits of Incorporated Trustees Registration

  • Legal Recognition: Incorporated Trustees have a distinct legal identity, enabling the organization to operate as a separate legal entity from its members.

  • Limited Liability for Trustees: Trustees and members enjoy limited liability, meaning they are not personally responsible for the organization’s debts and liabilities.

  • Perpetual Succession: Incorporated Trustees enjoy perpetual succession, meaning the organization continues to exist regardless of changes in trustees or members.

  • Enhanced Credibility: Incorporation enhances the organization’s credibility, making it easier to attract donors, partners, and volunteers.

  • Access to Funding: Enhance eligibility for grants, donations, and funding opportunities from governmental bodies, donor agencies, and philanthropic organizations.

  • Brand Protection: Protects the organization's name and identity. 

Discover Non-Profit Registration Service

Register your Incorporated Trustees of certain Communities, Bodies, and Associations in Nigeria

Here's how SplashDict's team of CAC-accredited consultants can help:

  • Trustee Registration: Nigerian Incorporated Trustees Registration with the CAC.

  • Documentation: We handle all required registration documents.

  • Transparent Pricing: CAC registration and Filing fees are included with no hidden charges.

  • Minutes of Meeting: We'll provide meeting minutes appointing the first trustees.

  • Constitution: We'll assist in working on the Association's constitution. 

  • Newspaper Publication: We handle the mandatory public notice publication in two national dailies, including details of the association and trustees.

  • TIN: Tax Identification Number issued upon registration.

  • Quick Turnaround: Receive Certificate of Registration, approved Constitution, and Status Report within 30-40 business days.

  • Continuous Support: We assist with future compliance and statutory needs.

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